Chinese tiremaker Aeolus Tyre (SHA:600469) will invest 2.68 billion yuan in a capacity expansion project in Egypt.
Fengshen Tire Egypt Capacity Expansion and Efficiency Improvement Project is still subject to certain conditions such as approvals from relevant authorities, according to a Friday filing with the Shanghai bourse.
Bank of Communications (HKG:3328, SHA:601328) completed the issue of 50 billion yuan of fixed-rate bonds on Friday, according to a same-day filing with the Hong Kong bourse.The bonds carry a coupon rate of 1.75% and will fall due in four years.The lender will have a conditional redemption right at the end of the third year.The bank will use proceeds to improve its total loss-absorbing capacity.
China Wantian (HKG:1854) is proposing to change its English name to China Onetech Holdings Limited, according to a Friday filing with the Hong Kong bourse.The food supplier believes the new name will better reflect its long-term vision and values and align with its strategic directions.The name change is subject to shareholder and regulatory approvals.